4 SME IPOs to open on Sept 20: Avi Ansh Textile IPO, Avax Apparels IPO & more

4 SME IPOs to open on Sept 20: Avi Ansh Textile IPO, Avax Apparels IPO & more

New Delhi: Four SME IPOs are all set to open for subscription on September 20, 2024. The IPOs are – Avi Ansh Textile IPO, Avax Apparels And Ornaments IPO, SD Retail Logo IPO, and BikeWo GreenTech IPO. Meanwhile, SD Retail Logo IPO and BikeWo GreenTech IPO have already started making a buzz in the grey market.

Avi Ansh Textile IPO

Avi Ansh Textile IPO will open for subscription on September 20, 2024 and close on 24th September. The shares will list on NSE SME tentatively on September 27. Avi Ansh Textile IPO price fixed at Rs 62 per share. The interested investors are requited to bid for a minimum lot size of 2000 shares, while HNI are mandated to apply for a minimum lot size of 4,000 shares.

Avax Apparels And Ornaments IPO

Avax Apparels And Ornaments IPO, a fixed price issue of Rs 1.92 crore, is slated to open for subscription on September 20, 2024 and end on September 24. The allotment of shares is expected to take place on September 25, while the listing is likely to be on 27th September 27.
Avax Apparels IPO price is Rs 70 per equity share. The retail investors are required to bid for a minimum lot size of 2000 shares, for which Rs 140,000 is required. HNI have to apply for a minimum 2 lots.

SD Retail Logo IPO

SD Retail Logo IPO, a book built issue of Rs 64.98 crore, will open for subscription on September 20, 2024 and close on 24th September. The allotment is expected to be finalised on September 25. The IPO price band is fixed in the range of Rs 124-131 per share. The retail investors will have to make a bid for a minimum lot size of 1000 shares. The minimum lot size investment for HNI is 2,000 shares.

SD Retail Logo IPO is already making abuzz in the grey market. The latest GMP stood at Rs 15, which indicates that the shares are expected to be listed with over 11 per cent premium, investorgain reported.

BikeWo GreenTech IPO

BikeWo GreenTech IPO, a book built issue of Rs 24.09 crore, is set to open for subscription on September 20, 2024 and end on 24th September. BikeWo GreenTech IPO price band is in the range of Rs 59 to Rs 62 per share. The retail investors are requited to apply for a minimum lot size of 2000 shares, while the minimum lot size investment for HNI is 4,000 shares.

BikeWo GreenTech IPO allotment is likely on September 25, 2024. The shares will list on NSE SME with a tentative date September 27. As per investorgain, BikeWo GreenTech SME IPO last GMP is placed at Rs 10, which a gain of around 16 per cent.

(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)

 SME IPOs: Avi Ansh Textile IPO, Avax Apparels And Ornaments IPO, SD Retail Logo IPO, and BikeWo GreenTech IPO set to opened for subscription on September 20, 2024.  Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today